Instagram valued at 35 billion dollars Phoenix technology news, Beijing time December 20, according to the Forbes report, Citigroup, the latest reports that the current Instagram valuation of 35 billion U.S. dollars, which means that Facebook founder Mark Zuckerberg paid 1 billion dollars to buy Instagram Mark,zuckerberg two years ago. The value of the bid was mixed in 2012, when Zuckerberg announced that it would invest 1 billion of dollars in the Instagram of photo-sharing services before Facebook was due to implement its IPO. It now appears that Mr Zuckerberg is making a full profit on the acquisition. Citigroup reported a 35 billion dollar valuation, partly based on Instagram monthly active users to 300 million, and Mark,may, the group's analyst Mark Mei, believes Instagram's current high growth is only at an early stage. "Not only did Instagram declare its users to be more than Twitter, the average user was 1.8 times times more active than Twitter, and its users grew even more." "Instagram is in the early stages of launching an advertising business, but we believe the brand will find an effective channel," Mark said in the report. "In addition, a 35 billion dollar valuation of Instagram is also based on a set of estimated data: Instagram monthly active users are expected to reach 420 million by the end of 2015, an average of 12.6 comments per day for active users, and 1.48 dollars in revenue per thousand reviews. Citi expects Instagram's advertising products to generate up to $2.7 billion trillion in revenue in 2015 years. Previously, Mark had thought the Instagram enterprise valued at 19 billion dollars. But now Mark believes that the 35 billion dollar valuation is still somewhat conservative for Instagram because it means that Instagram's earnings are still slightly below Facebook's, with Citi valuing the latter at $202 billion. (Compile/Joshui)
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